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Home>Obama to propose tax on firms' foreign earnings

Obama to propose tax on firms' foreign earnings

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Sun, 1 Feb 2015

By Carol E. Lee and John D. McKinnon WASHINGTON--U.S. President Barack Obama will propose a $478 billion increase in funding for rebuilding American infrastructure that would be paid for by levying a one-time tax on foreign earnings from U.S. companies, a White House official said Sunday. In the
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